New Food Precinct at QV1

One of Perth’s most iconic CBD buildings, QV1, is set to undergo significant regeneration, with the first phase, a complete re-imagination of the ground floor retail plaza, already underway.

Co-owned by Investa Commercial Property Fund and Eureka - Real Assets, the investment will further position the building as one of Perth’s most desirable working environments and destinations.

The stunning, architecturally-designed space will become a vibrant, food haven for tenants, city workers and visitors.

QV1, located at the top of St Georges Terrace, houses a range of premium tenants across its 43-premium grade storeys and its ground floor plaza revitalisation will offer an exciting blend of quality food and beverage retailers.

Hip Perth eatery Mary Street Bakery has already signed up and are currently operating a pop-up venue in the plaza with a shift to permanent premises planned when the redevelopment is completed later this year.

Owners Michael Forde and Paul Aron will then turn their attention to turning the former Bar One restaurant into a contemporary inner-city tavern to be known as Tinys..

A complementary offering of premium bars, casual dining and ‘grab & go’ venues are expected to commit to Perth’s newest wine and dine precinct in the coming months.

A complementary offering of premium bars, casual dining and ‘grab & go’ venues are expected to commit to Perth’s newest wine and dine precinct in the coming months.

The new precinct will be a striking counterpoint to the QV1 building, designed by internationally renowned modernist Harry Seidler AC.

Crested with a giant steel and glass oculus structure, the exciting new meeting destination will heavily utilise elements of nature, including canopy trees.

Hassell Architects Principal, David Gullund, said the oculus will be a truly bold statement without comparison in Australia.

“The rooftop structure will be surrounded by lush, green trees and vibrant floral features, generating shade, wind protection and ultimately a relaxing, usable space for retailers and customers within the space,” he said.

“The revitalisation of the QV1 plaza draws inspiration from the global trend of creating flexible open-areas with dynamic, interactive spaces for meetings, cultural events and restaurants and bars,” said Mr Gullund.

The venue will provide improved amenity to QV1’s existing tenants and deliver a much-needed, dedicated urban food precinct for west end city workers, according to Brett Dillon, Fund Manager at Eureka - Real Assets, a subsidiary of AXA IM - Real Assets:

“The western end of St Georges Terrace continues to strengthen with a number of new projects including the pending completion of Capital Square, as well as the new Perth Arena and Channel 9’s new offices. The creation of the space at QV1 will deliver a fresh identity to the precinct and confirm the building’s position as one of the most desirable office locations in the City. We are committed to attracting Perth’s top tier organisations, whilst also ensuring that the building complements the significant redevelopment seen in the area over the past few years”.

“QV1 is arguably Perth’s highest quality commercial building, so to be adding such an impressive and active destination to the ground floor plaza is really setting a new benchmark for office accommodation in the Perth CBD,” said Investa’s Perth General Manager, Tom Simurina.

The revitalisation is scheduled for completion in early 2018. QV1 is - co-owned by Investa Commercial Property Fund and Eureka - Real Assets, a subsidiary of AXA IM - Real Assets.

CBD West End Transformation One Step Closer to Reality

QV1 REDEVELOPMENT PLANS APPROVED

QV1 is set to become a leading destination for commercial businesses and boutique retailers having recently received development approval by the City of Perth for a major redevelopment of the retail plaza and introduction of new tenant amenities.

The redevelopment will see the tower’s iconic plaza area transformed to become a vibrant meeting place in the west end of Perth’s CBD where city workers and visitors can enjoy quality food and beverages, pop up events or catch up with friends and relax in the lush environment.

At the heart of the plaza will be a living mural garden bed, designed to complement Harry Seidler’s existing architectural work and bring an element of Kings Park to the city.

The highly anticipated third Mary Street Bakery is the first retail tenant to commit to the project, followed by a unique ‘eating house and bar’ style restaurant set to open later this year.

Co-owned by Investa Commercial Property Fund and Eureka Funds Management, the transformation will also provide tenants with new state-of-the-art amenities and dynamic shared spaces to create an urban community environment.

Investa Office, Perth and Sydney Portfolio General Manager, Tom Simurina said the co-owners are committed to ensuring the lifestyle facilities on offer matched up to the premium status of the QV1 building.

“Our goal is to create an upmarket, lively precinct that celebrates Perth’s foodie culture and gives tenants, office workers and visitors a place to relax and enjoy with friends.

“We are hoping the redevelopment will be a welcome addition to the evolving food and drink scene in the city, providing more opportunities for boutique food and beverage retailers and diversity for people visiting the city.”

The redevelopment will also involve the creation of a best in class premium end of trip facility for the office tenants of QV1, in addition to a childcare centre on the podium level.

Tanya Lambert, Asset Manager at Eureka Funds Management said embarking on this major development is an exciting time for QV1 which will see it cemented as Perth’s pre-eminent office address.

QV1 Leasing Agent, Mark Clapham of Sheffield Property gave a speech detailing the benefits of becoming a tenant in Perth’s best premium grade office tower. Mark highlighted on the special onsite concierge staff and the exciting upgrades to the retail plaza and new end of trip facilities.

To demonstrate the QV1 Concierge service, Catherine Kenyon-May, Head of Concierge and Conferencing at QV1, had randomly placed 100 envelopes throughout the table place settings with gift vouchers inside, ranging from a night in the Heritage Room at the Como Treasury, to Luxury Transfers by Luxe Charters, and deluxe floral bouquets by Matthew Landers Bouquets, as well as a wide range of other gifts. This provided an example of the variety of services the QV1 concierge staff can organize for the tenants of the building.

Performances on the night included dances by local Chinese community groups; Lion Dance & Kung Fu Display by Chinese Kung Fu & Tai Chi Academy; and the Year of the Monkey Dance performed by Australia Mulan Centre & Arts Association.

QV1 Earth hour – 2016

saturday, 19 march 2016

On Saturday, 19 March 2016 from 8.30pm to 9.30pm, QV1 and its tenants switched off all its lights for Earth Hour; a global effort to reduce the world’s environmental footprint by turning off all non-essential lights and equipment.

A huge thank you to all of our tenants who supported this initiative. With everyone's combined efforts, QV1 was able to reduce the total building load by over 100 thousand watts. To put this into perspective, each tenancy light fitting consumes between 30 and 50 watts, this equates to switching off a total over 2,500 lights in the building!

Besides the energy savings from tenancy and base building, the environmental benefit from the one hour event resulted in saving over 78kg of carbon dioxide emissions. This is an extremely positive outcome that all of our tenants and building occupants should be proud of.

In light of this success, we strongly encourage all tenants to continue the fabulous work and strive to make a permanent commitment to saving energy and reducing their environmental footprint each day. If we can achieve these savings on a one-off basis, why not every day?

Please see our tips below on how you can continue this wonderful work and reduce your environmental footprint:

If you are the last person to leave the floor, please switch off ALL of the lights.

Turn off your computer and monitor at the end of each day.

Use the correct recycling bins when disposing of materials. QV1 can supply additional recycling and waste bins if required.

Use a resuable coffee cup and reusable drink bottle instead of takeaway cups and plastic bottles

Set your printer defaults to print double sided and select on sided printing only when required